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Recently launched meme coin, BALD, grew to a $50 million market capitalization from zero in one day. The coin experienced 40,000% growth in 48 hours before encountering a free fall. At the time of writing, BALD is down by over 95%. Moons and dumps  Launched recently on Base, Coinbase’s layer-2 chain over Ethereum (ETH), BALD has appeared out of the blue and reached heights many coins only dream of attaining. However, like all meme coins with zero utility, BALD is already in free fall.  Among the suspected triggers of BALD’s recent price surge is the rumor associating the coin with Coinbase CEO Brian Armstrong. Another is the influence of the Base Network on the coin. You might also like: Base’s TVL spikes 48X on BALD meme coin frenzy 10's of millions flooding into Coinbase's Ethereum layer two, BASE. Shitcoins pulling life changing 40,000% gains overnight. The new crypto casino is open. — Lark Davis (@TheCryptoLark) July 31, 2023 According to a Forbes r...

Coinbase chief Brian Armstrong says the Securities and Exchange Commission (SEC) asked the exchange to cease trading on every asset but bitcoin shortly before it launched a lawsuit against the company for operating an unregistered broker, exchange, and clearing agency. Speaking to the Financial Times (FT), Armstrong claims the SEC told him that it believed every asset other than bitcoin is a SEC urity. According to Armstrong, “We said, well how are you coming to that conclusion, because that’s not our interpretation of the law. And they said, we’re not going to explain it to you, you need to delist every asset other than bitcoin.”  Coinbase refused to comply with the SEC’s request, preferring instead to “ find out what the court says .” “We really didn’t have a choice at that point, delisting every asset other than bitcoin, which by the way is not what the law says, would have essentially meant the end of the crypto industry in the US,” Armstrong told FT. “It kind of made it...

Kannagi Finance, a decentralized yield aggregator, has rug pulled with an estimated $2.13 million of investor funds.  According to the blockchain security company, Peckshield, Kannagi Finance erased its digital footprint after bolting with more than $2 million worth of investors’ funds. Its official website, along with social media and communication channels, are offline. #PeckShieldAlert #rugpull @zachxbt has reported that @Kannagi_Zksync on #zkSync has rugged for over ~$1M. @Kannagi_Zksync already deleted its social accounts/groups. The scammer's address: 0x95ec03b821f164ce55cbb26f23f591a9bd40d6c1 pic.twitter.com/5FdyO94XZs — PeckShieldAlert (@PeckShieldAlert) July 29, 2023 A rug pull refers to a form of scam where developers of a cryptocurrency project unexpectedly pulls liquidity from a pool, leading to sharp losses. German blockchain security firm, SolidProof, audited Kannagi’s smart contract. However, it has clarified that it did not conduct an audit for Vault c...

More Updates Post Hydra Launch As part of the preparation for event-sourced protocol logic, the team also completed the refactoring of the snapshot emission. advertisement Additionally, the core team updated to GHC 9.2.7, and this translated into improved compiling times as well as slightly smaller Plutus scripts. Since the launch of Cardano Hydra, several upgrades have been integrated to ensure the smooth delivery of its capabilities and functionalities.  Cardano Hydra , a layer-2 scaling solution, went live on the mainnet about two months ago after a very long time under development.  It was introduced as part of Cardano’s effort to improve performance, scalability, and security of its blockchain. Hydra was also conceived as a tool with the capacity to reinforce the potential of Cardano’s transformative technology, making the blockchain one of the fastest and most efficient.  Recommended Articles ...

In an ongoing court case, self-proclaimed Bitcoin creator Craig Wright filed an attestation claiming that he earns $13,250 in monthly income yet spends over $38,000 on living expenses. This is in spite of his claim — on that same legal form — to owning no real estate, having no bank account, and living with his unemployed wife. US Magistrate Judge Bruce Reinhart previously ordered Wright to fill out Form 1.977 in Florida Southern District court. Wright didn’t disclose any bitcoin holdings. He said that his monthly expenses were partially paid via an American Express credit card, yet he didn’t explain how he could be paying off that credit card without any bank account. As reported by Law360, attorney Andrew Brenner, who represents W&K Info Defense Research LLC in the court case, said the filing made no sense. In his view, Wright is attempting to obscure his assets .  He floated the idea that Wright might be selling bitcoin to make up the difference between his monthl...

Within a rapidly changing ecosystem that can present opportunities, there are two significant events that have captured the attention of crypto enthusiasts across the globe. XRP, following a significant legal victory against the United States Securities and Exchange Commission (SEC), is making a notable comeback, marking a resurgence in its journey.  Parallel to this, a new artificial intelligence (AI) altcoin, QUBE by  InQubeta , aims to shape how investors engage with AI startups. A fresh start for XRP? After facing considerable legal challenges with the SEC, Ripple emerged victorious.  This win has renewed confidence among investors and the broader crypto community.  As a result, several exchange platforms have begun re-listing XRP. Ripple’s financial tool-set is transforming remittance and cross-border payment. Its legal win against the SEC restores faith in its long-term potential. The emergence of  InQubeta In addition to Ripple...

In a tweet on Wednesday, July 26, Sam Altman shared that the World project has received a massive response and that there are huge lines by enthusiasts to get their digital identities. advertisement day 3 of @ Worldcoin launch, crazy lines around the world. one person getting verified every 8 seconds now. pic.twitter.com/vHRu1sWMT3 — Sam Altman (@sama) July 26, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read ...

Bullish BONE price prediction ranges from $1.5 to $2. Analysis suggests that the BONE price might reach $1.14. The BONE bearish market price prediction for 2023 is $0.6855. Bone ShibaSwap (BONE) is one of the flagship tokens for ShibaSwap, a decentralized ecosystem associated with the Shiba Inu community. ShibaSwap is a decentralized exchange (DEX) that allows users to swap tokens and leverage various DeFi opportunities such as staking, providing liquidity, and farming. BONE is a utility-enabled token. If you are interested in the future of Bone ShibaSwap (BONE) and would like to know the price Analysis and price prediction of BONE for 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article. What is Bone ShibaSwap (BONE)? BONE is a Shibaswap ecosystem governance token that allows the #ShibArmy to vote on new ideas. The more BONE users possess the greater the weight of their vote for the BONE ecosystem. BONE has a total number o...